Unlock the potential of this versatile property in Kelowna, designed to support both immediate rental opportunities and extensive development. Zoned UC2 within the 2040 OCP's Capri Core neighbourhood, this site is approved for up to 12-storey developments, offering a remarkable chance for growth. First-time buyers will find this property especially attractive due to its dual-suite configuration—featuring a legal 3-bedroom suite upstairs and a 2-bedroom suite downstairs—providing a valuable mortgage helper. This setup not only helps in managing mortgage payments but also in building equity while planning future developments. The property promises reliable income generation, making it an excellent buy-and-hold opportunity. Buyers should verify with the city to ensure the property suits their specific needs. (id:55532)
- Property Type Single Family Home
- Neighborhood Springfield/Spall
- County N/A
- Property Tax N/A
- HOA/Condo/Coop Fees N/A
- Days on Site 12 Days
- MLS® Status Active
- MLS® ID Number 10311258
- SqFt Source N/A
- Year Built 1940
- Price Per SqFt $404
- Lot Size 0.16 Acres
- Full Baths 3
- Partial Baths N/A
yesterday | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen online |
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General Features
- Parking Spaces 4
- Sewer Public Sewer
- Number of Stories 2
- Water Public
- Property Sub Type Single Family Residence
- Zoning Unknown
Interior Features
- Heating Forced Air
- Fireplace No
Exterior Features
- Waterfront Property Yes
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Monthly Payment (Est.)
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